Carlisle Corp. Files $1.5M Building Permit
Carlisle Corp. has filed a $1.5 million permit application with the city-county Office of Construction Code Enforcement to renovate the former One Beale sales center at 263 Wagner Place in Downtown into the company’s new headquarters. Carlisle, whose wholly owned subsidiary Wendelta Inc. is a Wendy’s restaurant franchisee, will depart its currently leased space at 100 Peabody Place. The company’s chairman and founder is Gene Carlisle. Plans call for the company to convert the building that once housed the former Joe’s Crab Shack into a 16,000-square-foot Class A office space.
Operating as Carlisle Landing LLC, the company bought the property in 2004 and converted it into a temporary sales center for the now-shelved One Beale mixed-use development. The Center City Revenue Finance Corp. earlier this month awarded a six-year tax freeze for the project, with an extra year contingent on the presence of certain design elements, for a seven-year tax freeze.
The CCRFC incentive will save the company more than $200,000 on its projected $2.7 million redevelopment of the property. Design upgrades in documentation submitted to the Center City Commission include lighting along Wagner Street and the upgrade of a plaza garden at the end of Linden Crossing. Carlisle’s company, which currently employs 35 people at its current office, will almost double its space at Peabody Place, where its current lease expires in July.
Source: The Daily News Online & Chandler Reports – Eric Smith
